ConnieStorer Posted September 9, 2020 Share Posted September 9, 2020 Does anyone have the name of a Company that could help facilitate the merger of an overfunded sole proprietor plan with an unrelated company that has an underfunded plan? Thanks for any suggestions. We cannot increase benefits for this sole prop and he has no employees that can be added to the Plan. He really wants to avoid the huge tax liability with a reversion. Link to comment Share on other sites More sharing options...
Doghouse Posted September 9, 2020 Share Posted September 9, 2020 I think QBI does some work in this area: http://qbillc.com/blog/how-do-defined-benefit-and-cash-balance-plans-become-over-funded Link to comment Share on other sites More sharing options...
david rigby Posted September 9, 2020 Share Posted September 9, 2020 Ask Mike Preston, at prestonactuarial.com I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice. Link to comment Share on other sites More sharing options...
ConnieStorer Posted September 10, 2020 Author Share Posted September 10, 2020 Thanks for the information! Link to comment Share on other sites More sharing options...
arthurkagan Posted September 11, 2020 Share Posted September 11, 2020 Ask attorney Alex Brucker Link to comment Share on other sites More sharing options...
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